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Updated on: Jan 2021
Fiat Chrysler to invest $250 million in India unit to launch new SUVs
Jobs

Fiat Chrysler to invest $250 million in India unit to launch new SUVs

Fiat Chrysler to invest $250 million in India unit to launch new SUVs Fiat Chrysler Automobiles NV (FCA) said on Tuesday it will invest $250 million to grow its presence in India with the launch of four new sport-utility vehicles (SUVs) under its Jeep brand over the next two years. The investment will be made […]

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Former Cognizant exec Rajeev Kumar Mehta appointed Hexaware Non-Executive Chairman
C-Suite Move

Former Cognizant exec Rajeev Kumar Mehta appointed Hexaware Non-Executive Chairman

Former Cognizant exec Rajeev Kumar Mehta appointed Hexaware Non-Executive Chairman Hexaware Technologies on Monday said it has elevated current board member Rajeev Kumar Mehta as Non-Executive Chairman. Also, Hexaware founder Atul Nishar will step down from his current role as Chairman and will continue with the company as Chairman Emeritus. Mehta previously served as the […]

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Nissan to ramp up production at India car plant
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Nissan to ramp up production at India car plant

Nissan to ramp up production at India car plant Japanese automaker Nissan Motor Co will ramp up production at its car plant in India to meet demand for its Magnite sports-utility vehicle (SUV), which it also plans to export, a senior executive said on Monday. Nissan will hire 1,000 more workers at its plant in […]

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Schneider Electric India has promoted Arnab Roy as new CFO
C-Suite Move

Schneider Electric India has promoted Arnab Roy as new CFO

Schneider Electric India has promoted Arnab Roy as new CFO Schneider Electric India has elevated Arnab Roy as the new Chief Finacial Officer (CFO) of the company, effective from January 1, 2021. Earlier he was CFO of Schneider Electric Infrastructure Limited. Arnab shall be the finance leader of a specific legal entity within Schneider Electric […]

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Cognizant appoints Shinji Murakami as Head of Japan market
C-Suite Move

Cognizant appoints Shinji Murakami as Head of Japan market

Cognizant appoints Shinji Murakami as Head of Japan market Cognizant today announced that Shinji Murakami has joined the company as the Head of Japan and a member of Cognizant’s Global Growth Markets (GGM) leadership team effective January 4, 2021. Murakami has more than 30 years’ experience leading managed services, mobile communications, business development and go-to-market strategies in […]

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India’s manufacturing sector ends 2020 on brighter note
Survey & Report

India’s manufacturing sector ends 2020 on brighter note

India’s manufacturing sector ends 2020 on brighter note Reuters | India’s factory sector ended a rough 2020 on a stronger note as manufacturers boosted production to meet rising demand, a private survey showed on Monday, although the employment situation worsened as firms continued to reduce headcounts. Manufacturing has been one of the main engines driving […]

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Expansion plans for India, US should roll out in 2021: Lord Paul
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Expansion plans for India, US should roll out in 2021: Lord Paul

Expansion plans for India, US should roll out in 2021: Lord Paul Leading UK-based Indian-origin entrepreneur Lord Swraj Paul on Sunday said that his company Caparo Group’s expansion plans for the Indian and US market, which had to be slowed down due to the coronavirus pandemic related uncertainties, should pick up during the course of […]

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TCS Completes Acquisition Of Postbank Systems From Deutsche Bank AG
Merger & Acquisition

TCS Completes Acquisition Of Postbank Systems From Deutsche Bank AG

TCS Completes Acquisition Of Postbank Systems From Deutsche Bank AG India’s largest IT services firm Tata Consultancy Services (TCS) on Friday said it has completed acquisition of 100 per cent shares of Postbank Systems AG (PBS) from Deutsche Bank AG. PBS has been the internal IT provider for Postbank AG, a subsidiary of Deutsche Bank, […]

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Government issues draft standing orders on WFH under new Industrial Relations Code
Labour Law

Government issues draft standing orders on WFH under new Industrial Relations Code

Government issues the Draft Model Standing Orders for the Manufacturing Sector, Mining Sector, and Service Sector; invites suggestions/objections from the stakeholders within a period of thirty days. The Government / Labour Ministry on January 1 has published the draft Model Standing Orders for the Manufacturing Sector, Mining Sector and Service Sector in the official gazette, […]

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IT sector’s return to office will be gradual, not 100% in 2021
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IT sector’s return to office will be gradual, not 100% in 2021

IT sector’s return to office will be gradual, not 100% in 2021 Information technology companies’ return to office in 2021 will be gradual with no perceptible change by end of March. Return to Office (RTO) will peak towards the end of 2021 and will never be 100 per cent, revealed a survey by Hyderabad Software Enterprises Association (HYSEA), the […]

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Govt Staff to get Disability Compensation if got disabled in the line of duty
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Govt Staff to get Disability Compensation if got disabled in the line of duty

Govt Staff to get Disability Compensation if got disabled in the line of duty “Disability Compensation” has been extended to all serving central government employees who get disabled in the line of duty and are retained in service in spite of such disablement, Union Minister Jitendra Singh said on Friday. He said order has been […]

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EPFO begins crediting 8.5% interest for 2019-20, to reflect in EPF accounts from Jan 1
EPFO

EPFO begins crediting 8.5% interest for 2019-20, to reflect in EPF accounts from Jan 1

EPFO begins crediting 8.5% interest for 2019-20, to reflect in EPF accounts from Jan 1 Retirement fund body EPFO on Thursday started crediting 8.5 per cent rate of interest on employees’ provident fund (EPF) for 2019-20 for its over six crore members, a senior official said. A large number of members of the Employees Provident Fund Organisation (EPFO) would be able […]

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